Murray Rothbard once wrote that egalitarianism is a "revolt against nature." Egalitarianism also can be likened to a superstition, a belief that has no basis in truth.

Whether a state is "conservative" or "progressive," politicians love to interfere with pricing mechanisms. Texas politicians have decided their wisdom can replace a market pricing system in production and distribution of electricity. Failure looms.

Rate cuts do not signal a healthy economy but a slowing one, so equities slump despite the promise of a rate cut because investors continue to see lower buying pressure.

The Labor Party's recent triumph over the intellectually-spent Tories finds the political regime wanting to bring back full-blown socialism. There is little to stop the British left from pushing a disastrous agenda.

Inequality is inevitable and there are many reasons it exists. However, by declaring that racial discrimination is the primary cause of inequality is to substitute egalitarian ideology for economic reality.

Is the United States on the fast track to ruination? Or, could a so-called Democratic Socialist government be a role model for the US?

We need not worry about running out of resources, land, people, and energy.